The Rise of the Broker!
Combined with a massive driver shortage plaguing transportation and the fast growing economic demand in the US, there has been enormous growth in the Freight Brokerage industry. Trucking companies are using these new online resources to help supplement their income even if it means partially giving up some revenue on the load.
In addition to the trucking companies reaching out to brokers to help move their freight, this brokerage push is also driven largely by the manufacturers, distributors, and retail companies due to increased costs lowering their profit margin. Freight brokers, who own no equipment to speak of other than a keyboard and mouse, are being contracted to find carriers that yield the highest margin possible to move this freight. Their fee for the work done is a small percentage skimmed off of the top for service they provide.
With this fast growing brokerage industry, technology is at its forefront and advancing by the day! Companies that matchup loads to carriers, like DAT Loadboard and LoadMatch (geared towards the intermodal industry) are becoming more of a staple.
With the driver shortage showing no real signs of a short term improvement, the freight brokerage industry will continue to grow.
If you are a freight broker or a trucking company with a brokerage division, we encourage you to take a look at our NOVA Brokerage software. It’s an extremely user friendly software that will allow you to run every aspect of your business, from dispatch operations, invoicing, accounting, document imaging, agent settlements, margin reporting, agent maintenance, agent messaging/communication, custom forms, container tracking, and the list goes on! Along with the software being user friendly, it is also priced to fit any budget. Call us today for a free, no obligation Software Demonstration!
No other TMS provider can give you the tools you need to not only run your business more efficiently but also to stay many steps ahead of your competition.
Information is the key. Call us today to find out more about our revolutionary container tracking service @ (800) 304-1488 or email us, email@example.com.
Our NOVA development team is in constant motion, which means we are always moving forward striving to producing a trucking software that fills every need and want coming directly from our customer base. The way we listen to our customer base and provide software according to what they need is what really separates us from the rest. Every trucking company has different needs, and we understand this. This is why we customize our software to fill these individual needs.